Britain takes on Brussels
Written by Simon Tilford, 04 March 2013
The Cameron government considers the bonus cap "misguided and fear it could impact negatively on London without even combating the excessive risk-taking it was meant to address," said Simon Tilford, of the CER. "But London is caught between a rock and a hard place, as there’s much popular antipathy toward the bankers," Mr Tilford said. The issue of banker remuneration "is pretty toxic stuff Britain," he added.
Link to press quote:
http://www.nytimes.com/2013/03/05/business/global/05iht-euro05.html?pagewanted=all&_r=0
